Sekerbank T.a.s. · BIST:SKBNK
Sekerbank T.a.s — Q1 2021 Earnings Presentation
23 slides from Sekerbank T.a.s's earnings presentation, Mar 31, 2021
Slide 1: Consolidated Financial Results as of March 31, 2021
Şekerbank T.A.Ş. Consolidated Financial Results as of March 31, 2021
Slide 2: 67 years of Experience in Community Banking
67 years of Experience in Community Banking Şekerbank was founded in 1953 by hundreds of thousands of sugar beet cooperative members to finance sustainable agriculture, the sugar industry and rural development. Shareholder Structure Subsidiary Structure as of March 31, 2021 as of March 31, 2021 6,4%
Slide 3: Deep-rooted and Widespread Branch Network
Deep-rooted and Widespread Branch Network Strong deposit structure and broadbased SME & Agro customer base Serving at the 238 Branches same location for over half of Deep expertise in SME & Agricultural 53% throughout Turkey SME Loan share a century Banking in total loan portfolio Trak ya R e gion K
Slide 4: Milestones of Firsts in Responsible Finance
Milestones of Firsts in Responsible Finance ECOloan: A first of its kind in Turkey to finance energy efficiency Initiated Social and Environmental Impact Analysis on Loans Founded as the One of the first First Bank to receive a Turkey’s first 5-year Capital increase by an “Sugar Beet public offering
Slide 5: The positive pace achieved in 2020 continues in the first quarter of 2021
TL dominated and prudent loan growth Significant healthy growth in loans through fully- equipped risk infrastructure within the transformation The positive program pace achieved Steady recovery in asset quality, due also to the high in 2020 performance in collections continues Solid, broad-b
Slide 6: TL dominated balance sheet structure
TL dominated balance sheet structure TL-dominated loan structure Strong and widespread deposit-based liability structure Assets (Consolidated) as of 31 March 2021 Liabilities (Consolidated) as of 31 March 2021 41.662 Mn TL LOANS BREAKDOWN 41.662 Mn TL DEPOSITS BREAKDOWN Money Market Placements 0,2%
Slide 7: Prudent loan growth and diversified loan structure
Prudent loan growth and diversified loan structure Şekerbank adopted a moderate growth in loans in the first quarter of 2021, while further Şekerbank has a diversified loan structure in decreasing its foreign currency loans in line with its prudent balance sheet policy. terms of sectoral breakdown P
Slide 8: Continuous steady recovery in asset quality
Continuous steady recovery in asset quality With high concentration placed on increasing asset quality, the NPL has been improving steadily since the beginning of 2020 and this gradual improvement continued in the first quarter of 2021. Total Provisions / Gross Loans 2 Non-performing loan volume (Mn
Slide 9: Protected securities portfolio against interest and FX fluctuations
Protected securities portfolio against interest and FX fluctuations Securities in FC have been classified at fixed rates and all FRN As of March 2021, Securities / Total Assets: 12,4% securities are in the HTM book. Composition by Classification1 (Consolidated) Composition by Type1 (Consolidated) 4.
Slide 10: Solid and broad-based liability structure maintained
Solid and broad-based liability structure maintained Thanks to Şekerbank’s deep-rooted brand perception and long-term customer relationship, the Bank has experienced a growth in deposits, even throughout the pandemic. Liability Structure (Consolidated) Total Customer Deposit Volume Development (Cons
Slide 11: Preserving granular and highly liquid deposit structure
Preserving granular and highly liquid deposit structure Individual TL Deposits under 1 MTL FC deposits are also very The Bank has always had high liquidity as a result of constitute 71% of the total deposits as of widespread and sticky as is the prudent balance sheet management. The roll over March
Slide 12: Diversified foreign borrowings structure
Diversified foreign borrowings structure The bank has longstanding relationships with IFIs thanks to its sustainable and community banking know-how, which also reflects on its diversified foreign borrowing structure. Proven Access to Diversified Sources of Funding Foreign Borrowings Breakdown (Bank
Slide 13: Continuous improvement on profitability
Continuous improvement on profitability As a result of the improvement in problematic Due to the Bank’s mainly revolving non-retail Gradual improvement in profitability loans and healthy growth, the CoR decreased loan portfolio, loans were able to be repriced has been achieved with the high graduall
Slide 14: Capital Adequacy Ratios
Capital Adequacy Ratios Şekerbank increased its capital by 702 Mn TL, which represents 60% of its current capital, and rose its capital to 1,860 Mn TL in November 2020. Due to the successful capital increase, resulting in further strengthening our widespread equity base, our capital ratios have reac
Slide 15: Liquidity Ratios
Liquidity Ratios One of Şekerbank’s main strengths has always been high liquidity as a result of prudent balance sheet management. This strong liquidity structure has remained satisfactory during the fluctuations due to the pandemic, while liquidity coverage ratios have also continued to be well abo
Slide 16: Loan / Deposit Ratios
Loan / Deposit Ratios Total Gross Loans / Customer Deposits Ratio 98,8% 97,6% 95,9% 92,2% 90,8% 90,4% C onsolidated 91,6% 89,4% 89,0% Bank Only 85,4% 85,0% 84,1% Dec.19 Mar.20 Jun.20 Sep.20 Dec.20 Mar.21 TL Gross Loans / TL Customer Deposits Ratio FC Gross Loans / FC Customer Deposits Ratio 137,9% 1
Slide 17: Comprehensive Digital Transformation Program initiated in July 2018
The Bank initiated a comprehensive Digital Transformation Program in July 2018, to ensure sustainable profitability and growth 1 3 5 Improving asset Sustainable quality and efficiency End to end optimized development and digitalized processes banking 2 4 Sales force effectiveness based on Agile orga
Slide 18: Significant healthy growth in SME & Agro loans through the Transformation Program
Significant healthy growth in SME & Agro loans through the Transformation Program Increasing asset quality has been prioritized within Sekerbank’s Transformation Program, which was initiated in the last quarter of 2018. Healthy growth in the SME & Agro loans has been visibly achieved through the
Slide 19: Inclusive digital banking through Mobile Service Model
Inclusive digital banking through Mobile Service Model Tablet Banking Mobile Banking (December 2019) (September 2020) The 1st Bank that Instant credit allocation to small developed mobile businesses and farmers in the banking solutions for field through the tablet channel farmers without ~700
Slide 20: Enhancing sustainable development banking competencies
Enhancing sustainable development banking competencies As of March 2021 Sustainable %9 %99 Agriculture Share of agricultural of the farmers that we provide loans in total cash loans services are small farming families %62 TL 12.1 Small Businesses billion and Employment Share of the MSME loans in Tot
Slide 21: Contact Details
Contact Details Sekerbank T.A.Ş. Aybala Şimşek Executive Vice President Strategy, Transformation and Financial Institutions Financial Institutions & Investor Relations Oya Sarı Head of Financial Institutions and Investor Relations Tel: +90 212 319 71 58 oya.sari@sekerbank.com.tr Melike Tavşanlı İnci
Slide 22: Legal Notice For Investors
Legal Notice For Investors Legal Notice The information in this document has been obtained by Sekerbank T.A.Ş. (“Sekerbank”) from sources believed to be reliable. However, Sekerbank cannot guarantee the accuracy, completeness or correctness of such information. This document has been issued for info
Slide 23: Thank you
J 3 ; Thank you. kg